Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
Leadership & Managing People
Strategy / MBA Resources
Case Study SWOT Analysis Solution
Case Study Description of Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care
This case compares and contrasts four different models for delivering cancer care in India and the US. Students are asked to select the best model in its alignment with the Six Forces in those two countries and Africa, to which one of the models is considering expansion, and intrinsic business characteristics. The Indian models are all focused factories, but one is a hub and spoke model, with a radiology hub and ambulatory spokes, while the other offers only ambulatory services. The U.S. models are all focused factory hospitals, one academic and the other a private, for-profit firm located on the grounds of teaching hospitals.
Authors :: Regina E. Herzlinger, Amit Ghorawat, Meera Krishnan, Naiyya Saggi
Swot Analysis of "Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care" written by Regina E. Herzlinger, Amit Ghorawat, Meera Krishnan, Naiyya Saggi includes – strengths weakness that are internal strategic factors of the organization, and opportunities and threats that Models Hub facing as an external strategic factors. Some of the topics covered in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care case study are - Strategic Management Strategies, Business models, Entrepreneurship, Health, Marketing, Supply chain and Leadership & Managing People.
Some of the macro environment factors that can be used to understand the Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care casestudy better are - – geopolitical disruptions, there is backlash against globalization, challanges to central banks by blockchain based private currencies, increasing commodity prices, technology disruption, increasing government debt because of Covid-19 spendings, digital marketing is dominated by two big players Facebook and Google,
banking and financial system is disrupted by Bitcoin and other crypto currencies, cloud computing is disrupting traditional business models, etc
Introduction to SWOT Analysis of Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care
SWOT stands for an organization’s Strengths, Weaknesses, Opportunities and Threats . At Oak Spring University , we believe that protagonist in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care case study can use SWOT analysis as a strategic management tool to assess the current internal strengths and weaknesses of the Models Hub, and to figure out the opportunities and threats in the macro environment – technological, environmental, political, economic, social, demographic, etc in which Models Hub operates in.
According to Harvard Business Review, 75% of the managers use SWOT analysis for various purposes such as – evaluating current scenario, strategic planning, new venture feasibility, personal growth goals, new market entry, Go To market strategies, portfolio management and strategic trade-off assessment, organizational restructuring, etc.
SWOT Objectives / Importance of SWOT Analysis and SWOT Matrix
SWOT analysis of Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care can be done for the following purposes –
1. Strategic planning using facts provided in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care case study
2. Improving business portfolio management of Models Hub
3. Assessing feasibility of the new initiative in Leadership & Managing People field.
4. Making a Leadership & Managing People topic specific business decision
5. Set goals for the organization
6. Organizational restructuring of Models Hub
Strengths Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care | Internal Strategic Factors
What are Strengths in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The strengths of Models Hub in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care Harvard Business Review case study are -
Diverse revenue streams
– Models Hub is present in almost all the verticals within the industry. This has provided firm in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care case study a diverse revenue stream that has helped it to survive disruptions such as global pandemic in Covid-19, financial disruption of 2008, and supply chain disruption of 2021.
Successful track record of launching new products
– Models Hub has launched numerous new products in last few years, keeping in mind evolving customer preferences and competitive pressures. Models Hub has effective processes in place that helps in exploring new product needs, doing quick pilot testing, and then launching the products quickly using its extensive distribution network.
Digital Transformation in Leadership & Managing People segment
- digital transformation varies from industry to industry. For Models Hub digital transformation journey comprises differing goals based on market maturity, customer technology acceptance, and organizational culture. Models Hub has successfully integrated the four key components of digital transformation – digital integration in processes, digital integration in marketing and customer relationship management, digital integration into the value chain, and using technology to explore new products and market opportunities.
Sustainable margins compare to other players in Leadership & Managing People industry
– Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care firm has clearly differentiated products in the market place. This has enabled Models Hub to fetch slight price premium compare to the competitors in the Leadership & Managing People industry. The sustainable margins have also helped Models Hub to invest into research and development (R&D) and innovation.
Operational resilience
– The operational resilience strategy in the Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care Harvard Business Review case study comprises – understanding the underlying the factors in the industry, building diversified operations across different geographies so that disruption in one part of the world doesn’t impact the overall performance of the firm, and integrating the various business operations and processes through its digital transformation drive.
Cross disciplinary teams
– Horizontal connected teams at the Models Hub are driving operational speed, building greater agility, and keeping the organization nimble to compete with new competitors. It helps are organization to ideate new ideas, and execute them swiftly in the marketplace.
High brand equity
– Models Hub has strong brand awareness and brand recognition among both - the exiting customers and potential new customers. Strong brand equity has enabled Models Hub to keep acquiring new customers and building profitable relationship with both the new and loyal customers.
Low bargaining power of suppliers
– Suppliers of Models Hub in the sector have low bargaining power. Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care has further diversified its suppliers portfolio by building a robust supply chain across various countries. This helps Models Hub to manage not only supply disruptions but also source products at highly competitive prices.
High switching costs
– The high switching costs that Models Hub has built up over years in its products and services combo offer has resulted in high retention of customers, lower marketing costs, and greater ability of the firm to focus on its customers.
Highly skilled collaborators
– Models Hub has highly efficient outsourcing and offshoring strategy. It has resulted in greater operational flexibility and bringing down the costs in highly price sensitive segment. Secondly the value chain collaborators of the firm in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care HBR case study have helped the firm to develop new products and bring them quickly to the marketplace.
Training and development
– Models Hub has one of the best training and development program in the industry. The effectiveness of the training programs can be measured in Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care Harvard Business Review case study by analyzing – employees retention, in-house promotion, loyalty, new venture initiation, lack of conflict, and high level of both employees and customer engagement.
Ability to lead change in Leadership & Managing People field
– Models Hub is one of the leading players in its industry. Over the years it has not only transformed the business landscape in its segment but also across the whole industry. The ability to lead change has enabled Models Hub in – penetrating new markets, reaching out to new customers, and providing different value propositions to different customers in the international markets.
Weaknesses Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care | Internal Strategic Factors
What are Weaknesses in SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The weaknesses of Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care are -
Products dominated business model
– Even though Models Hub has some of the most successful products in the industry, this business model has made each new product launch extremely critical for continuous financial growth of the organization. firm in the HBR case study - Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care should strive to include more intangible value offerings along with its core products and services.
High dependence on star products
– The top 2 products and services of the firm as mentioned in the Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care HBR case study still accounts for major business revenue. This dependence on star products in has resulted into insufficient focus on developing new products, even though Models Hub has relatively successful track record of launching new products.
Interest costs
– Compare to the competition, Models Hub has borrowed money from the capital market at higher rates. It needs to restructure the interest payment and costs so that it can compete better and improve profitability.
Slow to strategic competitive environment developments
– As Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care HBR case study mentions - Models Hub takes time to assess the upcoming competitions. This has led to missing out on atleast 2-3 big opportunities in the industry in last five years.
Aligning sales with marketing
– It come across in the case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care that the firm needs to have more collaboration between its sales team and marketing team. Sales professionals in the industry have deep experience in developing customer relationships. Marketing department in the case Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care can leverage the sales team experience to cultivate customer relationships as Models Hub is planning to shift buying processes online.
Workers concerns about automation
– As automation is fast increasing in the segment, Models Hub needs to come up with a strategy to reduce the workers concern regarding automation. Without a clear strategy, it could lead to disruption and uncertainty within the organization.
High cash cycle compare to competitors
Models Hub has a high cash cycle compare to other players in the industry. It needs to shorten the cash cycle by 12% to be more competitive in the marketplace, reduce inventory costs, and be more profitable.
Ability to respond to the competition
– As the decision making is very deliberative, highlighted in the case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care, in the dynamic environment Models Hub has struggled to respond to the nimble upstart competition. Models Hub has reasonably good record with similar level competitors but it has struggled with new entrants taking away niches of its business.
Lack of clear differentiation of Models Hub products
– To increase the profitability and margins on the products, Models Hub needs to provide more differentiated products than what it is currently offering in the marketplace.
High bargaining power of channel partners
– Because of the regulatory requirements, Regina E. Herzlinger, Amit Ghorawat, Meera Krishnan, Naiyya Saggi suggests that, Models Hub is facing high bargaining power of the channel partners. So far it has not able to streamline the operations to reduce the bargaining power of the value chain partners in the industry.
High dependence on existing supply chain
– The disruption in the global supply chains because of the Covid-19 pandemic and blockage of the Suez Canal illustrated the fragile nature of Models Hub supply chain. Even after few cautionary changes mentioned in the HBR case study - Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care, it is still heavily dependent upon the existing supply chain. The existing supply chain though brings in cost efficiencies but it has left Models Hub vulnerable to further global disruptions in South East Asia.
Opportunities Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care | External Strategic Factors
What are Opportunities in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The opportunities highlighted in the Harvard Business Review case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care are -
Buying journey improvements
– Models Hub can improve the customer journey of consumers in the industry by using analytics and artificial intelligence. Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care suggest that firm can provide automated chats to help consumers solve their own problems, provide online suggestions to get maximum out of the products and services, and help consumers to build a community where they can interact with each other to develop new features and uses.
Leveraging digital technologies
– Models Hub can leverage digital technologies such as artificial intelligence and machine learning to automate the production process, customer analytics to get better insights into consumer behavior, realtime digital dashboards to get better sales tracking, logistics and transportation, product tracking, etc.
Use of Bitcoin and other crypto currencies for transactions
– The popularity of Bitcoin and other crypto currencies as asset class and medium of transaction has opened new opportunities for Models Hub in the consumer business. Now Models Hub can target international markets with far fewer capital restrictions requirements than the existing system.
Low interest rates
– Even though inflation is raising its head in most developed economies, Models Hub can still utilize the low interest rates to borrow money for capital investment. Secondly it can also use the increase of government spending in infrastructure projects to get new business.
Remote work and new talent hiring opportunities
– The widespread usage of remote working technologies during Covid-19 has opened opportunities for Models Hub to expand its talent hiring zone. According to McKinsey Global Institute, 20% of the high end workforce in fields such as finance, information technology, can continously work from remote local post Covid-19. This presents a really great opportunity for Models Hub to hire the very best people irrespective of their geographical location.
Reconfiguring business model
– The expansion of digital payment system, the bringing down of international transactions costs using Bitcoin and other blockchain based currencies, etc can help Models Hub to reconfigure its entire business model. For example it can used blockchain based technologies to reduce piracy of its products in the big markets such as China. Secondly it can use the popularity of e-commerce in various developing markets to build a Direct to Customer business model rather than the current Channel Heavy distribution network.
Identify volunteer opportunities
– Covid-19 has impacted working population in two ways – it has led to people soul searching about their professional choices, resulting in mass resignation. Secondly it has encouraged people to do things that they are passionate about. This has opened opportunities for businesses to build volunteer oriented socially driven projects. Models Hub can explore opportunities that can attract volunteers and are consistent with its mission and vision.
Better consumer reach
– The expansion of the 5G network will help Models Hub to increase its market reach. Models Hub will be able to reach out to new customers. Secondly 5G will also provide technology framework to build new tools and products that can help more immersive consumer experience and faster consumer journey.
Lowering marketing communication costs
– 5G expansion will open new opportunities for Models Hub in the field of marketing communication. It will bring down the cost of doing business, provide technology platform to build new products in the Leadership & Managing People segment, and it will provide faster access to the consumers.
Manufacturing automation
– Models Hub can use the latest technology developments to improve its manufacturing and designing process in Leadership & Managing People segment. It can use CAD and 3D printing to build a quick prototype and pilot testing products. It can leverage automation using machine learning and artificial intelligence to do faster production at lowers costs, and it can leverage the growth in satellite and tracking technologies to improve inventory management, transportation, and shipping.
Building a culture of innovation
– managers at Models Hub can make experimentation a productive activity and build a culture of innovation using approaches such as – mining transaction data, A/B testing of websites and selling platforms, engaging potential customers over various needs, and building on small ideas in the Leadership & Managing People segment.
Learning at scale
– Online learning technologies has now opened space for Models Hub to conduct training and development for its employees across the world. This will result in not only reducing the cost of training but also help employees in different part of the world to integrate with the headquarter work culture, ethos, and standards.
Harnessing reconfiguration of the global supply chains
– As the trade war between US and China heats up in the coming years, Models Hub can build a diversified supply chain model across various countries in - South East Asia, India, and other parts of the world. This reconfiguration of global supply chain can help, as suggested in case study, Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care, to buy more products closer to the markets, and it can leverage its size and influence to get better deal from the local markets.
Threats Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care External Strategic Factors
What are Threats in the SWOT Analysis / TOWS Matrix / Weighted SWOT Analysis
The threats mentioned in the HBR case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care are -
New competition
– After the dotcom bust of 2001, financial crisis of 2008-09, the business formation in US economy had declined. But in 2020 alone, there are more than 1.5 million new business applications in United States. This can lead to greater competition for Models Hub in the Leadership & Managing People sector and impact the bottomline of the organization.
Instability in the European markets
– European Union markets are facing three big challenges post Covid – expanded balance sheets, Brexit related business disruption, and aggressive Russia looking to distract the existing security mechanism. Models Hub will face different problems in different parts of Europe. For example it will face inflationary pressures in UK, France, and Germany, balance sheet expansion and demand challenges in Southern European countries, and geopolitical instability in the Eastern Europe.
Stagnating economy with rate increase
– Models Hub can face lack of demand in the market place because of Fed actions to reduce inflation. This can lead to sluggish growth in the economy, lower demands, lower investments, higher borrowing costs, and consolidation in the field.
High level of anxiety and lack of motivation
– the Great Resignation in United States is the sign of broader dissatisfaction among the workforce in United States. Models Hub needs to understand the core reasons impacting the Leadership & Managing People industry. This will help it in building a better workplace.
Trade war between China and United States
– The trade war between two of the biggest economies can hugely impact the opportunities for Models Hub in the Leadership & Managing People industry. The Leadership & Managing People industry is already at various protected from local competition in China, with the rise of trade war the protection levels may go up. This presents a clear threat of current business model in Chinese market.
Environmental challenges
– Models Hub needs to have a robust strategy against the disruptions arising from climate change and energy requirements. EU has identified it as key priority area and spending 30% of its 880 billion Euros European post Covid-19 recovery funds on green technology. Models Hub can take advantage of this fund but it will also bring new competitors in the Leadership & Managing People industry.
Learning curve for new practices
– As the technology based on artificial intelligence and machine learning platform is getting complex, as highlighted in case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care, Models Hub may face longer learning curve for training and development of existing employees. This can open space for more nimble competitors in the field of Leadership & Managing People .
High dependence on third party suppliers
– Models Hub high dependence on third party suppliers can disrupt its processes and delivery mechanism. For example -the current troubles of car makers because of chip shortage is because the chip companies started producing chips for electronic companies rather than car manufacturers.
Increasing wage structure of Models Hub
– Post Covid-19 there is a sharp increase in the wages especially in the jobs that require interaction with people. The increasing wages can put downward pressure on the margins of Models Hub.
Aging population
– As the populations of most advanced economies are aging, it will lead to high social security costs, higher savings among population, and lower demand for goods and services in the economy. The household savings in US, France, UK, Germany, and Japan are growing faster than predicted because of uncertainty caused by pandemic.
Increasing international competition and downward pressure on margins
– Apart from technology driven competitive advantage dilution, Models Hub can face downward pressure on margins from increasing competition from international players. The international players have stable revenue in their home market and can use those resources to penetrate prominent markets illustrated in HBR case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care .
Regulatory challenges
– Models Hub needs to prepare for regulatory challenges as consumer protection groups and other pressure groups are vigorously advocating for more regulations on big business - to reduce inequality, to create a level playing field, to product data privacy and consumer privacy, to reduce the influence of big money on democratic institutions, etc. This can lead to significant changes in the Leadership & Managing People industry regulations.
Technology disruption because of hacks, piracy etc
– The colonial pipeline illustrated, how vulnerable modern organization are to international hackers, miscreants, and disruptors. The cyber security interruption, data leaks, etc can seriously jeopardize the future growth of the organization.
Weighted SWOT Analysis of Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care Template, Example
Not all factors mentioned under the Strengths, Weakness, Opportunities, and Threats quadrants in the SWOT Analysis are equal. Managers in the HBR case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care needs to zero down on the relative importance of each factor mentioned in the Strengths, Weakness, Opportunities, and Threats quadrants.
We can provide the relative importance to each factor by assigning relative weights. Weighted SWOT analysis process is a three stage process –
First stage for doing weighted SWOT analysis of the case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care is to rank the strengths and weaknesses of the organization. This will help you to assess the most important strengths and weaknesses of the firm and which one of the strengths and weaknesses mentioned in the initial lists are marginal and can be left out.
Second stage for conducting weighted SWOT analysis of the Harvard case study Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care is to give probabilities to the external strategic factors thus better understanding the opportunities and threats arising out of macro environment changes and developments.
Third stage of constructing weighted SWOT analysis of Hub and Spoke, HealthCare Global, and Additional Focused Factory Models for Cancer Care is to provide strategic recommendations includes – joining likelihood of external strategic factors such as opportunities and threats to the internal strategic factors – strengths and weaknesses. You should start with external factors as they will provide the direction of the overall industry. Secondly by joining probabilities with internal strategic factors can help the company not only strategic fit but also the most probably strategic trade-off that Models Hub needs to make to build a sustainable competitive advantage.
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